Welcome to our dedicated page for Centerpoint Energy news (Ticker: CNP), a resource for investors and traders seeking the latest updates and insights on Centerpoint Energy stock.
CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with regulated electric transmission and distribution, power generation and natural gas distribution operations serving approximately 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As the only investor‑owned electric and gas utility based in Texas, CenterPoint frequently issues news on its utility operations, capital plans, financing activities and corporate governance.
This news page aggregates company‑specific updates such as quarterly and annual earnings announcements, investor update presentations, and details on CenterPoint’s long‑term capital investment plan. Recent communications have included information on a record 10‑year capital investment plan focused on economic growth and system resiliency, as well as updates on demand growth in the Greater Houston area through its Houston Electric business.
Investors and analysts can also find coverage of CenterPoint’s financing and balance sheet actions, including cash tender offers for senior notes and general mortgage bonds, public offerings of junior subordinated notes, and private offerings of convertible senior notes. The company’s press releases further highlight regular quarterly common stock dividend declarations and the use of non‑GAAP financial measures alongside GAAP results in its earnings outlook.
In addition, CenterPoint’s news flow includes items on portfolio optimization, such as the announced sale of its Ohio natural gas local distribution company business to National Fuel Gas Company, and governance developments like amendments to its bylaws and changes to board leadership roles. This page provides a centralized view of these announcements so readers can review CenterPoint’s latest disclosures, strategic initiatives and regulatory communications in one place.
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CenterPoint Energy reported Q1 2023 earnings of $0.49 per diluted share (GAAP), down from $0.82 in Q1 2022, largely due to prior year gains from asset sales. Non-GAAP EPS was $0.50, reflecting a 6% increase year-over-year. The company reaffirmed its 2023 non-GAAP EPS guidance of $1.48-$1.50, indicating 8% growth over 2022 at the midpoint. Capital investments are on track, with $3.6B planned for the year and a quarter of this already deployed. Despite higher interest expenses and milder winter weather impacting earnings by $0.10 per share, CenterPoint maintains an optimistic growth outlook with 8% growth targeted through 2024 and beyond.